What are the benefits of a Visa reward card?

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There are a number of benefits that come with the traditional Visa rewards card including a cardholder inquiry service for personal use and zero liability on purchases made with the card if not authorized by the cardholder.

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Another benefit of the traditional Visa rewards card is the emergency card replacement and emergency cash disbursement service. This benefit is used when a cardholder loses a Visa card, or the card is stolen. In this case, the cardholder can contact Visa customer service and get a new card the next day. In addition, if a cardholder needs emergency cash, it is available by contacting customer service and arranging a place to pick up the money.

Those who have a traditional Visa rewards card also have the benefit of an auto rental collision damage waiver. This benefit is used when damage or theft occurs to a rental car the cardholder is driving. Visa automatically reimburses the cost of the damage or theft, up to the actual cash value of the rental vehicle.

Keep in mind, in order to take advantage of the benefits associated with the Visa rewards card, this credit card must be used for the transactions. For instance, if a person rents a car with another credit card, and the car is damaged, this user is not eligible to take advantage of the benefit.